Ghana’s ambition to establish a world-class petroleum and petrochemical complex has received a major boost following the signing of a Memorandum of Understanding (MoU) between the Petroleum Hub Development Corporation (PHDC) and Mannschaft Engineering and Infrastructure Systems, a Ghanaian firm. The agreement was concluded on Wednesday, August 13, 2025.

The strategic partnership empowers Mannschaft Engineering and Infrastructure Systems to provide financial, logistical, and technical expertise to advance the transformative Petroleum Hub project.

As part of the agreement, Mannschaft is required to contribute GH₵150 million as partial compensation for landowners whose properties fall within the 20,000-acre site designated for the project.

The company will also play a critical role in resettling communities affected by Phase One of the initiative while providing additional financial, logistical, and technical support for construction. This commitment will see Mannschaft invest another GH₵150 million into the Petroleum Hub project.

At the signing ceremony, Dr. Toni Aubynn, Acting Chief Executive Officer of the PHDC, expressed profound enthusiasm, describing the agreement as a monumental stride toward securing compensation and enabling the project’s commencement.

“This partnership is a tremendous relief. Securing even half of the required funding for compensation alleviates significant pressure on the PHDC and accelerates our timeline for developing the Petroleum Hub.”

Dr. Aubynn emphasised the transformative potential of the collaboration, expressing confidence that Mannschaft’s involvement would expedite construction and ensure high-calibre engineering and logistical services for Phase One.

He commended Mannschaft, a Ghanaian enterprise, for its bold investment in the hub and urged other local firms to follow suit, reinforcing the project’s role as a catalyst for national development.

“I am elated to witness this milestone, the culmination of extensive behind-the-scenes efforts. This MoU secures funding for Phase One compensation, and I am confident that both parties will uphold their commitments. The PHDC is fully dedicated to implementing measures to achieve the agreement’s objectives.”

On behalf of the Minister of Energy and Green Transition and His Excellency President John Mahama, Dr. Aubynn thanked Mannschaft for their consistent commitment to the project and expressed hope that the MoU would translate into tangible results.

Maxwell Adu, Chief Executive Officer of Mannschaft Engineering and Infrastructure Systems, hailed the Petroleum Hub as a visionary endeavour to position Ghana as a leading energy and industrial hub in Africa.

He affirmed that Mannschaft’s mission aligns seamlessly with the hub’s objectives, pledging to leverage the company’s expertise in energy and logistics to drive the construction of Phase One and contribute to a project poised to revolutionise Ghana’s energy sector.

Following the signing of the MoU, Mannschaft will disburse GH₵150 million to the Lands Commission as partial compensation for affected landowners.

Subsequently, the Lands Commission will issue an administrative fiat, formally declaring the acquisition of the designated land and outlining the process for compensating impacted individuals and families.